Private equity firm is reportedly in advanced discussions to purchase Corsair for more than $500 million

Reuters, citing two sources familiar with the matter, reported on the development late last week. Surprisingly enough, the news has seemingly flown under the radar as virtually nobody else is discussing it.

Both Corsair and EagleTree declined to comment, the publication said.

Founded in 1994, Corsair is a well-known name in the computer enthusiast industry. The company initially focused on development of Level 2 cache modules but shifted gears to focus on DRAM modules when Intel integrated L2 cache in its Pentium Pro processor family. In 2002, the company started marketing its goods to PC enthusiasts which it has been doing ever since.